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Bloomberg
Financial

Vanguard CIO Greg Davis on Market, Inflation Outlook

Vanguard President and CIO Greg Davis said the CPI report was one data point for markets and the Federal Reserve to assess, while noting inflation remains above the Fed's 2% target and the Fed still has work to do. Davis said Vanguard generally expects one to two rate hikes over the coming months, depending on incoming data. He speaks with Romaine Bostick on "The Close."

Leia mais: Vanguard CIO Greg Davis on Market, Inflation Outlook
Bloomberg
Financial

Oil Gains as Middle East, Russia Hostilities Imperil Flows

Oil gained Wednesday as hostilities intensified from Russia to the Middle East, threatening supply flows that only recently recovered to near pre-war levels. Brent traded above $106 after Iran-backed Houthi rebels launched missile and drone strikes across Saudi Arabia, including a hit that damaged Saudi Aramco's headquarters. That added to an escalation in Iranian attacks on tankers in the Strait of Hormuz that's threatening a rebound in Gulf supply. We discuss the latest energy headlines with Rob Barnett, Senior Energy Analyst for Bloomberg Intelligence.

Leia mais: Oil Gains as Middle East, Russia Hostilities Imperil Flows
Bloomberg
Financial

Nvidia's Huang Says He Would Not Sell Chips to Irresponsible AI Customers

Nvidia Corp. Chief Executive Officer Jensen Huang says his company would stop selling chips to a customer that was developing unsafe AI software. He talks extensively about AI safety and how the industry is growing with Bloomberg's Emily Chang in London.

Leia mais: Nvidia's Huang Says He Would Not Sell Chips to Irresponsible AI Customers
Bloomberg
Financial

BofA Takes US Regulatory Fines Seriously, CEO Moynihan Says

Bank of America Corp. Chief Executive Officer Brian Moynihan addresses the $1.2 billion in fines levied against the company by the US government. He says the bank takes the fines seriously and there is accountability at the firm. He says costs associated with these fines are in the company "baseline." He speaks to Bloomberg's Jonathan Ferro.

Leia mais: BofA Takes US Regulatory Fines Seriously, CEO Moynihan Says
Bloomberg
Financial

Inside the Making of 'Grand Theft Auto VI'

GTA VI is set to release on November 19th, expected to be one of the biggest entertainment releases in history. The game, created by Rockstar Games, a development studio owned by Take-Two, is expected to generate more than $3 billion dollars in its first four months. Bloomberg's Jason Schreier joins Ed Ludlow on "Bloomberg Tech" with the details of the making of the highly anticipated game.

Leia mais: Inside the Making of 'Grand Theft Auto VI'
Bloomberg
Financial

US, Chinese Robotaxi Rivals Race for Europe

Europe is emerging as a key battleground for the global robotaxi industry as US and Chinese companies look to expand autonomous driving beyond their home markets. Frank McCleary, a partner at Arthur D. Little, discusses Europe's fragmented but evolving regulatory landscape, why Chinese operators see an opportunity there as the US remains largely closed to them, and whether experience gained deploying autonomous vehicles in China translates to cities overseas. He joins Ed Ludlow on "Bloomberg Tech."

Leia mais: US, Chinese Robotaxi Rivals Race for Europe